PACE Heats Up San Diego’s Economy

Date:05/24/2016

Company:Renovate America

Source:CleanTechnica

After two years of operation, any concerns that the public held about PACE appear to be a thing of the past. County Supervisors Dianne Jacob and Dave Roberts recently held a press conference to describe how PACE heats up San Diego’s economy.

More than $300 million in local energy improvements, including water-efficiency projects and rooftop solar panels, have been funded through HERO, California First, and Ygrene PACE since since the spring of 2014, and as many as 2,800 people have been employed.

“Solar is now estimated to be a $1 billion industry in San Diego County,” said a county official. “The county expects to issue 9,000 solar permits during the current fiscal year. A significant number of those are expected to be PACE related.”

“It’s good for the economy. It’s good for the job market. And it’s good for ratepayers tired of big, fat utility bills,” said Dianne Jacob, vice-chair of San Diego County Board of Supervisors